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Author Topic: Is gambling source of income?  (Read 457 times)
Obiene12 (OP)
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August 20, 2025, 10:28:22 PM
 #1

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
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August 20, 2025, 10:31:13 PM
 #2

No, gambling is not a source of income.

Out of 100% people that are gambling, you can not see 5% among that are making money. Also as you may think you can make money from gambling, it can be the start of your problem gambling.

Just gamble for fun is what people will advise you to do. People that are addicted to gambling starts from this type of thinking.

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August 20, 2025, 10:32:39 PM
Last edit: August 20, 2025, 10:51:05 PM by stadus
 #3

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

That sounds unrealistic. You’re basically saying over 4 billion people in the world are gambling since that’s 50% of the total population. Without any data to back it up, that claim doesn’t hold. And I also don’t believe gambling is a “source of income,” because if gamblers were really defeating sportsbook, they would’ve stopped operating a long time ago.

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August 20, 2025, 10:38:26 PM
 #4

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
this issue has been raised repeatedly over and over again in this board and i must tell you that gambling should not be treated as a source of income despite how people sees it as a profitable business. yeah some are making money while some are hopping an praying for luck to shine as you said, but it doesn't change the fact that loser are more than winners. inside the proclaimed %50 of the world population that gambles %49 are losers while the remaining %1 are expected to win, now tell me how gambling should be considered as source of income?

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August 20, 2025, 10:44:30 PM
Last edit: August 20, 2025, 10:59:17 PM by AmoreJaz
 #5

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
That sounds unrealistic. You’re basically saying over 4 billion people in the world are gambling since that’s 50% of the total population. Without any data to back it up, that claim doesn’t hold. And I also don’t believe gambling is a “source of crime,” because if gamblers were really defeating sportsbook, they would’ve stopped operating a long time ago.

I don't think he's saying that it is a "source of crime" but rather "source of income." And on that note, I also don't agree as we all know that when you are in gambling, the more likely that will happen is that you will lose what you have. There's always no assurance if you will win or not in gambling because you are relying on luck especially if you are playing with those classic games. So if you are really smart, don't ever consider gambling as a source of your income. Unless, you are already a professional poker player or a long-time sportsbettor.

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August 20, 2025, 10:47:37 PM
 #6

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

Your stats and estimation is wrong, not more than 10 percent makes money from gambling and betting combined. Remember it's not about winning now but what actually makes you a profitable gambler is the results you get in the long run. If a lot of people are making money from the sports book do you think they would still be in  business? It's a business thats running off people's losses.

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August 20, 2025, 10:48:11 PM
 #7

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
That sounds unrealistic. You’re basically saying over 4 billion people in the world are gambling since that’s 50% of the total population. Without any data to back it up, that claim doesn’t hold. And I also don’t believe gambling is a “source of crime,” because if gamblers were really defeating sportsbook, they would’ve stopped operating a long time ago.

I don't think he's saying that it is a "source of crime" but rather "source of income." And on that note, I also don't agree as we all know that when you are in gambling, the more likely that will happen is that you will lose what you have. There's always no assurance if you will win or not in gambling because you are relying on luck especially if you are playing with those classic games.

thanks for the correction, i really meant source of income....

Your stats and estimation is wrong, not more than 10 percent makes money from gambling and betting combined.

His post said 50% of the population are gambling, but it’s not about who actually makes money from it. It’s easy to find numbers on how many people gamble, but when it comes to how many really earn or make it a source of income, there’s no solid data available for that.

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August 20, 2025, 10:58:21 PM
 #8

The some is actually small compared to the opposite( atleast from the onow datas ) but every gambler is likely  competing and hoping to be among the small percentage yet gambling is not a source of income and shouldn't  be treated as one IMHO

His post said 50% of the population are gambling, but it’s not about who actually makes money from it. It’s easy to find numbers on how many people gamble, but when it comes to how many really earn or make it a source of income, there’s no solid data available for that.
Even the total number gamblers  can't be accurate... there will be more but yeah,  it can be fairly  judged from the available data.

 
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August 20, 2025, 11:00:40 PM
 #9

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

You don't give your opinion as fact without nothing to back it up as 50% of the world population gambling is a very absurd claim.
Gambling is not a source of income. It surely doesn't guarantee a steady and punctual payment and can't be classified as a source of income. It's that simple. Sadly, lots of people take gambling as a means to make lots of money and get rich.

Do not consider gambling to be a source of income cause it's simply not. Be guided so you don't fall down the rabbit hole in search of riches.

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August 20, 2025, 11:02:41 PM
 #10

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
But despite that, it's hard to rely on it as a source of income. Majority of the gamblers are losing and that's why for me, if I start to use it as a source of income.
I'll make sure that I'll have that 70% and above accuracy rate of winning. Because I know that at most times, it won't be a perfect source of income.
It's a long discussion that even until now, there are people that think that it's a good source of income. You'll see many of us here gonna tell you that it's good as a way to get entertained instead.

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August 20, 2025, 11:03:18 PM
 #11

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
Here we go again with same repetitive question questions that the answers is obviously easy to discover without Making too much efforts, gambling is know to be a risky thing and the results is always unpredictable and unrealistic so such thing can't be taken as a source of income, since a source of income is something that you profit or gain from on regular basis and not gambling on the possibility of gaining from it as gambling is.

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August 20, 2025, 11:11:09 PM
 #12

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
If you win more often, regularly, and consistently, then it can be a good source of income.

If you lose often, then it can be a source of depression.

So, which choice do we make?
Or do we choose neither, just choose gambling for fun?

It all depends on our own decision-making, based on each person's situation, regarding the risks we take, how big, and how strong we are to do so. Clearly, gambling is high risk, can be very potential, but conversely, it can be very dangerous.

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August 20, 2025, 11:12:36 PM
 #13

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

Isn't it obvious that you can't make a "regular" income thru gambling? Because for me that is the definition of source of income. That you have a regular job that you got paid bi-weekly and monthly. And with gambling, it's very hard to do that or it's impossible. Sure you might win one time, but it's hard to do that again and again and duplicate it. So there is no doubt that gambling can't be a source of income.

Unless you are a gambling operator, casino itself, or running a illegal den in your country wherein it can rake a lot of money. Or one time, you really hit big by winning the lottery and it did chance your life for the better.

 
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August 20, 2025, 11:21:37 PM
 #14

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
If gambling were a source of income, then everyone in the world would prepare themselves to participate in gambling after their academic career or without an academic career. Every parent always urged their child to participate in gambling instead of studying. Moreover, if you calculate the profit and loss from gambling for 100 gamblers per month, you will see that most gamblers are in losses, so how can this be a source of income?











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August 20, 2025, 11:31:26 PM
 #15

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

That "some making good money is" a tiny fraction compared to the vast numbers of people losing in gambling, all of us are trying to make it a source of income as a gambler. Still, very few have made it, and these very few are not even guaranteed to make a living out of it in the long term; soon, losses will start to stare them down.

Making a living in gambling as a gambler has long been a big puzzle that has not been solved or can’t ever be solved because the odds favour the house. If you want to have a chance of making a living in gambling, then be the house, but it’s not guaranteed, as the competition in this business is very stiff.

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August 20, 2025, 11:34:54 PM
 #16

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
Out of the numerous number of persons that are involved in gambling, only very few of them have been successful through it. It is very difficult to find someone who has consistently been able to win gambling platforms that they are now sure enough to make it into a source of living or an income stream that is sure. It is a risky thing to do gambling like that because as a gambler, on days when you have not won, you will be a lot more frustrated and possibly depressed than someone who is just Gamblig for fun and just that thrill. There are many other sources of income, out of all of them gambling is not one of them.

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August 20, 2025, 11:35:15 PM
 #17

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.
Praying and gambling doesn't complement each other. Being religious and yet, you're a gambler only will have your pastor or religious leader have a sermon on you that it's not allowed to gamble and then you pray. And only those who are making good money do care if they're making money or not. But a gambler that's mostly into having fun will careless about it and that's why they're only going to do what they think is right and what makes them happy and that's gambling.



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August 20, 2025, 11:38:46 PM
 #18

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

Seeing gambling as a profitable source of income is bad, in fact, you’re not suppose to see gambling as a source of income because the outcome is very unpredictable in nature. Those that still linger around gambling activities are mostly doing that because they hope to hit a jackpot one day even when they continue to face a lot of losses. The faith that they hit the jackpot one day passes overtime and they become addicted that they can’t live without gambling again. Don’t even see it as source of income and play for fun to avoid addiction.

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August 20, 2025, 11:39:20 PM
 #19

I do not encourage anyone to see gambling as a source of income rather a place to make use of their spare time while waiting for whatever engagement. There are people today who still have this mentality of gambling to sustain their family knowing too well that things aren't constantly and it changes over the time.
For real gambling people should try as much as possible to regulates their activities while gambling this will help to culture and nurture minds or their overall thinking faculty.

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August 20, 2025, 11:40:51 PM
 #20

More than 50% of the world population gamble in one sport or the other and some are making good money while some are still hoping and praying for their luck to shine.

Gambling for a casino owner is a source of income.  For employees of a casino, it is also a source of income.  For the game provider, it is definitely a source of income.  But for the player... it is debatable. 

Many will argue that gambling is not a source of income, but many will oppose it, and say winning in gambling is a kind of source of income, and hey, gambling winnings are taxable.  I am somewhat in the middle of this argument because I can see the point of both sides.  But the government considers gambling profits as part of income... so from that standpoint, it can be said as a source of income

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